Form 4: Simmons First National Corp: Tina M. Groves Reports Stock Transactions

Sentiment:

SEC Form 4


Tina M. Groves, Chief Risk Officer of Simmons First National Corp, reports the vesting and conversion of restricted stock units into common stock, along with a disposition of shares to cover tax obligations.

Summary

  • On February 23, 2025, Tina M. Groves, the Chief Risk Officer of Simmons First National Corp (SFNC), had restricted stock units vest and convert into 1,758 shares of SFNC common stock.
  • Also on February 23, 2025, Ms. Groves disposed of 743 shares of SFNC common stock at a price of $21.65 per share to satisfy tax withholding obligations.
  • Following these transactions, Ms. Groves directly owns 28,546 shares of SFNC common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. These filings provide transparency into the trading activities of company insiders and are monitored by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves a relatively small number of shares.

Key Dates

DateDescription
02/23/2025Restricted Stock Units vested and converted into SFNC common stock; shares disposed of for tax obligations.
02/25/2025Date of signature for the Form 4 filing.

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